Laguna Lace Agate is one of the most highly praised banded agate in the world. It is known for its extremely tight banding and vibrant shades of red and scarlet. Laguna Lace Agate is found in an area covering roughly four square miles in a remote mountain range in the state of Chihuahua, Mexico.

Laguna Lace Agate is a variety of banded Chalcedony, a mineral of the Quartz family. Though predominantly scarlet, its layers may contain shades of deep red, milky white, yellow, gold and brown. The name Agate comes from the Achetes River in Sicily, where Agates were first found. Usually banded in layers, or stripes, some varieties have "eye" markings, or specks of color, some have fossilized inclusions, and others are solid. Called the earth rainbow, the concentric bands of Agate form in nearly every color the earth can produce, including a colorless form.